OpenWorld, Inc. began trading on Nasdaq under the symbol OPNW on October 1, 2026, after completing its business combination with VerifyMe, Inc. The change put the OpenWorld name and ticker on VerifyMe’s Nasdaq-listed entity rather than creating a conventional new exchange listing.
Nasdaq’s corporate-action notice, issued September 30, said VerifyMe’s corporate name would become OpenWorld, Inc. and its ticker would change to OPNW, effective Thursday, October 1. Nasdaq Trader recorded the action ahead of the first session under the new symbol.
Although the underlying deal was structured as a reverse merger for accounting purposes, the listed company continuing after the transaction is not necessarily the accounting acquirer. SEC disclosure assigns that role to OpenWorld.
VerifyMe’s Nasdaq Symbol Changes to OPNW on October 1
The completed combination replaced VerifyMe’s name and Nasdaq symbol with OpenWorld and OPNW. Nasdaq identified the effective date as October 1, 2026, establishing when market participants would see the new identifier on the exchange.
The exchange notice describes a corporate-name and ticker change, while the transaction itself was the business combination between VerifyMe and OpenWorld. Independent coverage from Investing.com also reported that OpenWorld began Nasdaq trading as OPNW after the merger was completed.
For shareholders and traders, OPNW is therefore the symbol associated with the post-combination company. The available exchange notice does not provide trading-price information or describe operational changes at OpenWorld, so the disclosed event is principally a change in the identity and market symbol of the Nasdaq-listed issuer.
The timing also separates two related milestones. The Nasdaq notice was dated September 30, one day before the new ticker took effect, while the trading change became effective on October 1. That sequence is consistent with an exchange corporate action being announced before it is reflected in the market’s trading symbol.
OpenWorld Is the Accounting Acquirer
The legal mechanics show why the transaction is more complex than a simple renaming. According to an SEC-filed exhibit, a VerifyMe subsidiary merged with and into OpenWorld, with OpenWorld surviving the merger as a wholly owned subsidiary of VerifyMe.
Yet the same disclosure characterizes OpenWorld as the accounting acquirer in a reverse-merger transaction. In other words, VerifyMe remained the public-company parent in the legal structure, while OpenWorld is treated as the acquirer for accounting purposes. The description appears in the SEC filing detailing the combination.
That legal-accounting split is central to the company’s Nasdaq debut. The OPNW trading symbol came through VerifyMe’s existing listed entity and the corporate action on Nasdaq, whereas the transaction disclosure identifies OpenWorld as the accounting acquirer. Neither label overrides the other; they address different aspects of the same transaction.
Reverse-merger accounting can make the acquired or surviving operating business the accounting acquirer even when the legal parent is another company. Here, the SEC disclosure expressly supplies that treatment, rather than leaving it to inference from the name change or the exchange ticker.
The disclosed structure also means that OpenWorld survived the subsidiary merger but became wholly owned by VerifyMe. Following completion, the listed parent adopted the OpenWorld name, producing the company and symbol now seen on Nasdaq.
136.6 Million Shares Registered for OpenWorld Securityholders
VerifyMe registered 136,631,729 shares of common stock for issuance to OpenWorld securityholders under the merger agreement. The figure appears in a September 30 SEC filing and provides the clearest disclosed measure of the share issuance connected to the combination.
The registration figure should not be read as a statement of shares trading in the market at any given time. It refers specifically to shares registered for issuance to OpenWorld securityholders pursuant to the merger agreement, as set out in the SEC exhibit.
It nonetheless illustrates the scale of the equity component behind the newly named Nasdaq issuer. The issuance accompanied the corporate reorganization in which VerifyMe’s public-company platform became OpenWorld, Inc. and its Nasdaq symbol became OPNW.
As of October 1, the market-facing outcome was straightforward: OpenWorld was trading on Nasdaq as OPNW. The filings and exchange notice show that the route to that outcome involved a subsidiary merger, a surviving OpenWorld subsidiary, reverse-merger accounting treatment and a substantial registered share issuance for OpenWorld securityholders.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: Crypto Daily